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Two-Story Turn-Key Office Suite
For Sale
$649,900

2684 SE Willoughby Boulevard, Stuart, FL 34994

Turn-key two-story office suite with meeting presentation space and dedicated office level, well maintained with updated roof.

Property Size2,400 SF
Price / SF$270.79
Days on Market119

Property Features for 2684 SE Willoughby Boulevard

General Information

Standard status Active
Size 2,400 SF
Property subtype Office

Building Details

Year Built 2004
Stories 2
Listing Agency:
Listed By: Echo Fine Properties
Source: Xome
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 28 at 5:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Echo Fine Properties

Investment Insights

Based on property information with market context.

This turn-key office condo suite is arranged over two levels. The first level includes a presentation space and meeting room, suitable for client gatherings and internal conferences. The second level provides additional office space along with a full bath, a conference room, and a kitchenette. The suite is described as well maintained and includes two air conditioning units. For hot water, the property features an instant-hot system.

The property is located in Central Stuart, Florida at 2684 SE Willoughby Boulevard. According to the provided information, the roof was replaced in 2018.

With its dedicated presentation and meeting area on the first floor and offices plus conference and kitchenette facilities on the second floor, this layout can support professional teams that need space for both client meetings and day-to-day work. The included HVAC units and the documented roof replacement are practical considerations for an owner-occupant or a buyer looking for a ready-to-use office configuration.

Key Highlights

  • Two‑story office condo suite with level one presentation/meeting space and level two offices, full bath, conference room, and kitchenette
  • Central air cooling with two A/C units
  • Roof replaced in 2018

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.8k $21.60
− Vacancy −$11.4k −$4.75
EGI $40.4k $16.85
− OpEx −$10.1k −$4.21
NOI $30.3k $12.64
2,400 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$433.2K
$379.1K – $505.4K (±1% cap)
NOI $30,326 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$630.5K
$551.7K – $735.6K (±1% cap)
NOI $44,135 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Macro Money Concepts Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Butcher Bakery Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 34994, FL

17,843
Population
10,086
Households
1.8
Avg Household Size
51
Median Age
36%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$62,895
Median Household Income
$33,547
Median Earnings
$1,558
Median Rent
$248,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turn-key two-story office suite with meeting presentation space and dedicated office level, well maintained with updated roof.
Where is this office units located?
The property is located at 2684 SE Willoughby Boulevard Stuart, FL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two‑story office condo suite with level one presentation/meeting space and level two offices, full bath, conference room, and kitchenette; Central air cooling with two A/C units; Roof replaced in 2018
More about this property
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